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The worlds top lithium chemical producer made 517,900 metric tons of lithium carbonate last year, up 31.1% from 2022, according to a post by the lithium branch of the China Nonferrous Metals Industry Association.

The company had filed seven applications for different products under the PLI scheme, and it has received the certification for its first product, a hub wheel drive motor for electric two-wheelers, Sona Comstar said in a regulatory filing.

The product will be used on the X9 MPV as well as XPeng’s next electric B-class sedan, with start of production planned for Q3 2024. The high voltage hairpin (HVH) 220 eMotor offers high power and torque density, plus higher efficiency at a competitive cost. It also provides outstanding durability, BorgWarner said.

Tesla Power India: The planned recruitment drive will encompass a diverse range of positions across engineering, operations, sales, marketing, and support functions, the company said.

Chipmaker: The acquisition places Renesas at the forefront of dealmaking and investment in Japans chips industry, with the government making efforts to improve competitiveness and boost supply chain resilience against geopolitical shocks.

A clear breakout from the pattern could take the stock to fresh record highs above 440 in the short to medium term, suggest experts.

Rosmerta: Initially targeted at fleet operators, the system offers real-time tracking video, AI-based driver behaviour monitoring, and in-cabin alerts for trucks, the company said.

India Energy Storage Alliance: Reflecting on the challenges faced globally, he underscored the need for comprehensive safety guidelines and heightened awareness. "Safety is something very important, and we at IESA have been focusing on it for the last seven-plus years," Rahul Walawalkar, President of IESA & MD, CES India said.

The government has re-emphasized its commitment towards e-mobility, and has clearly articulated that it will be looking at supporting the manufacturing and charging infrastructure Shruti Saboo

The company will introduce India’s inaugural High Voltage liquid-cooled battery pack tailored for agriculture applications. Additionally, Battrixx brings forth cutting-edge cell chemistries, including LFP, NMC, NCA, and diverse form factors such as Cylindrical and Prismatic laser-welded battery packs.